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Great Boulder Resources Ltd ( (AU:GBR) ) has issued an announcement.
Great Boulder Resources Ltd has announced the development of a new multi-million-ounce gold hub at the Side Well Gold Project in Western Australia. The project targets a resource of 1.5 million ounces, with the current mineral resource estimate at 668,000 ounces at a grade of 2.8g/t gold. Located near existing infrastructure, the project aims to unlock a large-scale hydrothermal gold system, potentially enhancing the company’s position in the gold mining industry and offering significant opportunities for stakeholders.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a company operating in the mining industry, primarily focused on gold exploration and development. The company is working on projects in Western Australia, aiming to establish significant gold resources in under-explored areas.
YTD Price Performance: 92.50%
Average Trading Volume: 2,256,179
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$56.19M
Learn more about GBR stock on TipRanks’ Stock Analysis page.